Lambda seeks up to $4 billion ahead of planned 2027 stock market debut

The Nvidia-backed AI cloud provider is seeking funding at a pre-money valuation of $14.5 billion, with Coatue and Blackstone leading the round. The financing comes ahead of a planned initial public offering in 2027 and would be its final round before that listing, according to The Wall Street Journal.

Covered by 4 publishers within 6 hours of the first report.

• Wall Street Journal: AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO

Reporting4

WSJ Wall Street Journal AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO · Robbie Whelan 12:45 PM

RTW RuntimeWire Lambda is raising up to $4B ahead of a planned 2027 IPO · RuntimeWire Staff 1:05 PM

TC TechCrunch AI computing startup Lambda to raise $4B ahead of planned IPO · Rebecca Bellan 4:00 PM

PY PYMNTS Lambda Targets $14.5 Billion Valuation in Final Pre-IPO Round · PYMNTS 7:12 PM

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Topics Nvidia